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Insured losses from Hurricane Harvey are set to make it one of the top ten most costly hurricanes in US history. At least seven people have died in Texas as a result of the storm, and it is expected 30,000 people will end up having to leave their hom...

A blockchain-sector company is in the process of incorporating in Bermuda. The technology enterprise is likely to have some staff based on the island to run back-office functions. It will build blockchain applications for the financial industry, and ...

The role insurance-linked securities can play in the protection and redistribution of cybersecurity risk will be among topics discussed at the ILS Bermuda Convergence 2017 event in October. One of the guest speakers is Rick Welsh, chief executive off...

Seaglass Studio in the Town of St George is getting ready for its biggest change in 14 years. The shop, which is halfway along Water Street, is about to relocate to the other side of the street. It is taking over part of the former CV café, which clo...

Two telecoms companies were hit by disruptions for much of today, bringing to three the number of island-based internet providers hit by outages or disruption in a 48-hour period. LinkBermuda and One Communications both reported issues affecting thei...

It is 25 years ago this week since Hurricane Andrew devastated parts of Florida and in the process bankrupted 11 US insurance companies. Bermuda saw a major wave of insurers and reinsurers set up on the island in the aftermath of the Category 5 hurri...

Customers can now buy food on the premises at Strykz Bowling Lounge, in Southside, after the venue added a kitchen. The venue serves a variety of fast food options, from pizza to hamburgers, hot dogs, chicken wings, french fries and salad. There is a...

All internet and voice services from TeleBermuda International were disrupted for much of today. The Hamilton-based company deployed its full resources to fix the internal technical issue, and by early this evening it had managed to partially restore...

Butterfield Bank is confident it will return its operating expenses to its target level by the end of the year. And while it has twice raised its lending rates this year, in line with moves by the US Federal Reserve, it has no declared intention on w...

Insurers will be counting the costs incurred by severe weather in the US and other parts of the world in July. Prolonged rainfall resulted in economic damage estimated at $10 million in China during the month. While in Turkey, insurers are braced for...